The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-08-22

Freight agents at Louisville have organized an
association for business and social purposes.
Suitable quarters will be procured at once
contract has been made with Harrisburg
car-works to build 800 25-ton gondola cars, for
the Reading road. receiving in payment car
trust certificates.
j. NJ. Barr has been appointed general super
intendent of the Burlington 81 Northern rail-
road, with headquarters at LaCrosse, vice W. III.
HolcomD, resigned
There is a suspicion that the Baltimore & Ohio
railway js seeking an entrance to Madison. Wis.
either ovsr line to be built by it or over the
Illinois Centrals northern extension.
The Atchison is running twenty five freight
trains between Topeka and Kansas City and can
not handle all its business. The earnings show
an increase Of about $4,000 day over last year.
The Norfolk & Western expects to carry AGO.
BOO bales Of cotton this season, which will be So
BOO bales in excess of what it carried last year.
Increase.
Everybo is wondering WHY the Gould svs-
tenn of railroads is placing 80 many bonds. An
explanation may be found in the new mileage
being added, and the immense purchases of tim
Der lands in the Southwest
The Atchison, Topeka & Santa Fe will build
two freight-houses State street, Chicago,
between Taylor and Fourteenth streets with a
and most convenient terminal facilities in that
city.
The Memphis g. Charleston stockholders com
mittee represents over $1,000 shares and they
pay them something in the shape of dividend
or know the reason why, since the road is earn
Ing one.
The railroad pools that were dissipatsd with
the advent of April have either gone completely
cut of existence or have reorganized and become
conservative associations banded together for
mutual protection and the maintenance of uni
form rates.
The Pennsylvania is now ], 163 900 tons ahead
Of last year full tonnage alone. and will prob
ABLY average for this year ,0OO, 600 tons of coal
Co. he tarO
mage ever known for a single road. This means
q movement of nearly 1000 cars for each work
ing day.
The railroads are taking very little freight out
of Chicago the east bound shipments last week
dropping to 16. 416 TONS tbs smallest amount in
any one week for several years They are hardly
likely to mourn, however, since their local ousi-
pess gives them all the traffic that their equip
ment can handle.
The Denver & Rio Graude and Denver, Texas
q Gulf roads have formed an alliance against
the Colorado Midland and Atchison, Topeka &
Santa Fe The latter is to build a line from
Ness City. kan, to Colorado Springs, and the
Colorado Midland will be running trains into
Denver by Oct l. it is thought.
Owing to the requirements by banks in Buffalo,
agents have been instructed that it will be alb
soluIely necessary hereafter that separate bills
of lading should be issued for each carload of
gram CONSUMED to Buffalo. Hereafter grain
original bills OF lading only, and will cot be de-
Hvered on bank orders.
Several of the Eastern and Western railroads.
it is claimed, are now selling tickets on account
of the reunion OF the Grand Army of the Repub-
lie at St Louis next month for less than one
cent per mile. The competition between the
various roads fer this business is so active that
they accept almost anv rate that is offered in
order to get ahead of each other.
Eighteen railroads have reported their gross
earnings for the second week of August OF
them seventeen roads return aggregate earnings
of 81, 707, 004 against 81. 409.390 fer the same
week of 1856, gain of 297.6l4, or q per
cent One road reports a loss of 81 ,49l, or $40
per cent All the roads in the week of 1886
gave large gains on the week of 1885.